Egypt’s strategic reserves of wheat down to 3.6 months

FAIYUM, EGYPT - APRIL 16 : A young farmer uses reaping hook during wheat harvest in Faiyum, Egypt on April 16, 2018. Farmers harvest wheat in a traditional way with reaping hooks. (Photo by Ahmed Al Sayed/Anadolu Agency/Getty Images)
FAIYUM, EGYPT – APRIL 16 : A young farmer uses reaping hook during wheat harvest in Faiyum, Egypt on April 16, 2018. Farmers harvest wheat in a traditional way with reaping hooks. (Photo by Ahmed Al Sayed/Anadolu Agency/Getty Images)

Egypt’s strategic reserves of wheat and sugar are at 3.6 months of consumption, the supply minister said on Sunday, ahead of the start of the local harvest season.

Minister Ali Moselhy added, in a televised interview, that “Egypt is looking to procure 4 million tonnes of local wheat from farmers this season.”

Egypt’s strategic reserves of rice are sufficient until October, while the strategic reserves of vegetable oils are at 3.7 months of consumption, Moselhy said.